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Contract win

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Cohort plc, the Independent Technology Group, is pleased to announce that its subsidiary Chess Dynamics Ltd ("Chess") has been awarded a contract valued at £15.7m by BAE Systems Maritime Australia to supply its Sea Eagle surveillance systems for the Royal Australian Navy's Hunter class frigates. Work will begin immediately and will continue until 2031.

Sea Eagle is a highly capable naval surface ship surveillance system for the detection, tracking, and identification of surface and air targets. It has been selected by several leading maritime forces, including for the Royal Navy's new Type 26 frigates.

Andy Thomis, Cohort Chief Executive, said:

"This order provides further confirmation of the capability and competitiveness of Chess's Sea Eagle system, and we are delighted to add the Royal Australian Navy to the user base. This, combined with the recent contract with the Royal Canadian Navy, demonstrates the continuing expansion of Cohort's international customer base.

"Together with other recent contract wins across the Group, this further underpins our order book and enhances the visibility of future revenues."

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